Relief road of Sochi Kurortnyi Avenue

Summary

The companies of two billionaires, Arkadii Rotenberg and Oleg Deripaska, were engaged in the construction. The project was highly money- and time-consuming — the opening was postponed for a year. The head of the main contractor, Levan Goglidze, was arrested and accused of embezzlement of $3.9 mn from state budget funds. Vneshtorgbank (VTB) demanded the repayment of $71.9 mn of loans through court. Oleg Deripaska, whose companies led the construction, got away clean.

Ecological

Champions of the corruption race

Athletes are not the only ones competing in Sochi. Officials and businessmen have also taken part in the Games and turned them into a source of illicit income. The Anti-Corruption Foundation has honored the most distinguished money-siphoners in five different sports.

Encyclopedia of Spending

We are proud that Sochi hosts the Winter Olympic Games. This is a unique sports event for everybody. However, officials turned Olympics into a source of their income. The Anti-Corruption Foundation proves that with figures and facts. Learn who cashed in on the most expensive Olympic games ever.